State Codes and Statutes

Statutes > New-york > Dcd > Article-7 > 196

§  196.  Subsequent dividends. If the whole of such debtor's estate be  not distributed on the first dividend, the trustees  shall,  within  one  year  thereafter,  make a second dividend of all the moneys belonging to  the estate of the debtor, then  in  their  hands,  among  the  creditors  entitled  thereto as hereinbefore specified; and in the same manner from  year to year, so long as any moneys belonging  to  the  estate  of  such  debtor  shall  remain  in  the  hands of the trustees, they shall make a  dividend thereof among the creditors entitled thereto.

State Codes and Statutes

Statutes > New-york > Dcd > Article-7 > 196

§  196.  Subsequent dividends. If the whole of such debtor's estate be  not distributed on the first dividend, the trustees  shall,  within  one  year  thereafter,  make a second dividend of all the moneys belonging to  the estate of the debtor, then  in  their  hands,  among  the  creditors  entitled  thereto as hereinbefore specified; and in the same manner from  year to year, so long as any moneys belonging  to  the  estate  of  such  debtor  shall  remain  in  the  hands of the trustees, they shall make a  dividend thereof among the creditors entitled thereto.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Dcd > Article-7 > 196

§  196.  Subsequent dividends. If the whole of such debtor's estate be  not distributed on the first dividend, the trustees  shall,  within  one  year  thereafter,  make a second dividend of all the moneys belonging to  the estate of the debtor, then  in  their  hands,  among  the  creditors  entitled  thereto as hereinbefore specified; and in the same manner from  year to year, so long as any moneys belonging  to  the  estate  of  such  debtor  shall  remain  in  the  hands of the trustees, they shall make a  dividend thereof among the creditors entitled thereto.